Live Oak Bancshares, Inc. (LOB)
NYSE · Banking & Credit · State Commercial Banks
- Price
- $37.09
- Day
- -2.06%
- Market cap
- $1.72B
- P/E
- 12.3
Close 2026-09-23.
The company
General Live Oak Bancshares, Inc. (individually, “Bancshares” and collectively with its subsidiaries including Live Oak Banking Company, the “Company,” also referred to as “our” and “we”), headquartered in Wilmington, North Carolina, is the bank holding company for Live Oak Banking Company (the “Bank” or “Live Oak Bank”). The Bank was incorporated in February 2008 as a North Carolina-chartered commercial bank and operates an established national online platform for small business lending and deposit gathering. Bancshares was incorporated under the laws of the state of North Carolina on December 18, 2008, for the purpose of serving as the bank holding company of Live Oak Bank. Bancshares completed its initial public offering (“IPO”) in July 2015. The Company The Company predominantly originates loans partially guaranteed by the U.S. Small Business Administration (the “SBA”) and to a lesser extent by the United States Department of Agriculture (“USDA”) Rural Energy for America Program (“REAP”), Water and Environmental Program (“WEP”), Business & Industry (“B&I”) and Community Facilities loan programs. These loans are to small businesses and professionals with what the Company believes are lower risk characteristics. Industries, or “verticals,” on which the Company focuses its lending efforts are carefully selected. The Company also lends more broadly to select borrowers outside of those verticals. In addition to focusing on industry verticals, the Company emphasizes developing detailed knowledge of its customers’ businesses.
From Item 1: General · The Company.
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- VANGUARD CAPITAL MANAGEMENT LLC — $67.58M
- DIMENSIONAL FUND ADVISORS LP — $61.92M
- BlackRock, Inc. — $57.5M
- STATE STREET CORP — $55.88M
- BlackRock, Inc. — $53.77M
- GILDER GAGNON HOWE & CO LLC — $45.9M
- VANGUARD PORTFOLIO MANAGEMENT LLC — $40.71M
- SOUTHERNSUN ASSET MANAGEMENT, LLC — $38.18M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- MAHAN JAMES S III (Chief Executive Officer) sold 10,000 shares at $38.75 on 2026-09-10
- MAHAN JAMES S III (Chief Executive Officer) sold 10,000 shares at $38.63 on 2026-09-09
- Bradford Tonya Williams (Director) sold 1,600 shares at $39.89 on 2026-09-03
- WILLIAMS WILLIAM L. III (Director) sold 6,590 shares at $40.09 on 2026-09-03
- MAHAN JAMES S III (Chief Executive Officer) sold 10,000 shares at $39.75 on 2026-09-03
- WILLIAMS WILLIAM L. III (Director) sold 1,810 shares at $40.00 on 2026-09-02
Recent filings
- 4 — 2026-09-11
- 144 — 2026-09-10
- 144 — 2026-09-09
- 4 — 2026-09-08
- 4 — 2026-09-08
- 4 — 2026-09-08
- 144 — 2026-09-03
- 144 — 2026-09-03
- 4 — 2026-09-03
- 4 — 2026-09-03